The British construction industry experienced a 22% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by AECOM with 2,399 job postings according to GlobalData’s analysis of construction company job postings. GlobalData’s Construction: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the construction industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Architecture and Engineering Occupations jobs accounted for a 19% share of the British construction industry new job postings in Q4 2023, down by 15% over the prior quarter.
Architecture and Engineering Occupations drive construction industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Architecture and Engineering Occupations, which accounted for 19% of the total new job postings in Q4 2023 and were down by 51% year-on-year. Second highest were Management Occupations, which accounted for 17% and drop by 51% year-on-year, and third highest were Computer and Mathematical Occupations, which were 9% of the new job postings and 35% lower year-on-year.
Top five companies in construction industry accounted for 36% of hiring activity
The highest number of jobs were posted by AECOM with 2,399, followed by Mott MacDonald Group with 953, while the highest increase was at Babcock International Group at 0%.
For further understanding of GlobalData's Construction: Hiring Trends & Signals Q4 2023, buy the report here.
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